| Surajkund has good real estate projects and low | | | | the Greenfield colony, an integrated township with |
| values. But government apathy and lack of speed in | | | | multistorey apartments and a local shopping complex. |
| delivering infrastructure projects is a problem here, | | | | A 2BHK apartment in the Greenfield colony is |
| finds | | | | available for Rs 20 to Rs 25 lakh while a 200 sq ft |
| Brix Research | | | | shop is available on rent at Rs 40,000 to Rs 60,000 |
| Surajkund was majorly a forest area with rural | | | | per month. Diverse range of property like |
| settlements with the annual Surajkund fair as its | | | | apartments, bungalows and villas are available in the |
| major draw for business and other commercial | | | | residential category. |
| activities. Its development started around 10 years | | | | Commercial ProjectsA number of commercial |
| ago, but due to government apathy it was unable to | | | | projects are also being developed for comprehensive |
| flourish. With Faridabad's real estate booming in last | | | | development of the area. Saffron Plaza is one such |
| few years, developers realised its immense potential | | | | project. Mainly comprising office space, it has been |
| and a number of residential and commercial projects | | | | developed by a private developer and is ready to |
| were launched. | | | | move in. MNCs and banks like Citibank, HDFC Bank, |
| Surajkund village is one of the areas where real | | | | SBI and ICICI have already started operations here. |
| estate is undergoing an overhaul with a number of | | | | Rental space in the plaza is valued at Rs 7,000 per sq |
| residential and commercial projects being developed. | | | | ft and the minimum unit size is 1,000 sq ft. |
| Spread over 30 acres, it is most famous for its | | | | Developers like Crown Group, Piyush Group, and SRS |
| Surajkund Crafts Mela. Organized with the support of | | | | Group are developing a number of IT parks in the |
| Suraj Kund Mela Authority, it is an annual event held | | | | area. Most of these IT parks are likely to be |
| during February 1-15. Launched in 1981 by Haryana | | | | completed within two years. |
| Tourism, the mela (fair) is a platform for artisans and | | | | Areas surrounding Surajkund like Sector 37, Ashoka |
| craftsmen from all over India to showcase their | | | | Enclave I and II, are dotted with local shopping |
| finest wares in a rural setting and is a major tourist | | | | complexes, 80% of which are occupied and others |
| attraction in Haryana. Well-known developers with | | | | are ready for possession. Shops with an area of |
| projects in Surajkund include Omaxe, Eros Group, | | | | 1,000 sq ft are up for rent for Rs 60,000 to Rs |
| Parvsnath and Ansals. Charmwood Village by the Eros | | | | 70,000 per month. |
| Group was the first township project on the | | | | Many schools and educational institutions are also |
| Surajkund Road. Spread over 65 acres, it consists of | | | | located in Surajkund, like MVN Public School, Aravali |
| a multistorey apartment complex, Brentwood Tower | | | | International and Manav Rachana College. Local |
| and Charmwood Plaza, an integrated complex of | | | | transport around these areas is also improving with a |
| shops, showrooms and office space under one roof. | | | | bus stand at 1km from Surajkund, while other |
| The apartments are valued at Rs 60 lakh to Rs 1.5 | | | | transport like auto-rickshaws and taxis are also easily |
| crore. Rental values of the apartments are | | | | available. Surajkund Road will soon be six-laned and |
| approximately Rs 20,000 for a 2BHK unit. Almost | | | | the forthcoming Metro link and Badarpur flyover will |
| 85% of apartments in Charmwood village are | | | | further enhance its connectivity. Being a tourist spot, |
| occupied while the rest will be given for possession | | | | the area also has a number of 5-star hotels like |
| by 2011. | | | | Rajhans and Claridges,which cater to tourists. |
| The Omaxe Group's residential project, The Forest, is | | | | "Surajkund is an important tourist destination in |
| located near Suraj Kund Complex and is a mere 3km | | | | Haryana. Its excellent connectivity to South Delhi, |
| from Delhi. It is spread over an area of 14.5 acres | | | | Gurgaon and Noida, and its affordable price range |
| and consists of 5BHK ultra-luxury apartments. | | | | make it an investment hotspot," says Pawan Kumar |
| Launched in 2006, the project is likely to be | | | | of Arrangement Real Estate. |
| completed by 2011. Surrounded by 5,000 acres of | | | | Though connectivity is very good and transport |
| green forest zone and Aravali hills, the complex is | | | | facilities are improving, Surajkund lacks infrastructural |
| equipped with state-of-the-art facilities with each flat | | | | facilities. While most projects have been provided |
| valued at Rs 1.5 to Rs 3 crore. | | | | with 24-hour power backup, power and water supply |
| Located on the Surajkund Road, Omaxe Hills is | | | | are still a drawback. Moreover, the slow pace of |
| another residential project being developed by | | | | work by civic agencies is further adding to the woes |
| Omaxe Ltd. It has 2 and 3BHK apartments along with | | | | of residents and developers alike. Once these |
| 3BHK luxury apartments with servant quarter. The | | | | aspects are taken care of, Surajkund will be an |
| project was launched in 2007 and is likely to be | | | | excellent location for investors. |
| completed in 2011. The apartments, with an area of | | | | According to Pawan Kumar: "Surajkund is Faridabad's |
| 3,000-5,000 sq ft are valued at Rs 45 lakh to Rs 2.5 | | | | prime locality and has a bright future in the realty |
| crore. The project comes with various modern | | | | sector. Property rates have doubled since last year |
| recreational and entertainment facilities, and also | | | | and demand has increased by 50%. With a little |
| houses a local shopping complex with about 40 to 50 | | | | attention from the government, in the next five |
| units of 400-800 sq ft, at a price tag of Rs 30 to Rs | | | | years Surajkund will be the preferred real estate |
| 50 lakh. Other residential projects in Surajkund include | | | | destination leaving Gurgaon and Noida behind. |